Car rental without a deposit is a service available in some cases, which prevents us from paying an initial amount before starting the rental process.
This week we analyze the possibilities of renting a car without a deposit and the advantages of this service.
Cheap car rental without deposit
Cheap car rental without deposit is a service offered by more and more car rental companies.
To get a rental without a deposit, it is essential to take out insurance for everything without excess. These insurances force the user to pay a plus so as not to have to take care of all the expenses in the event of an accident. In addition, it is registered in a legal document in which it is made explicit that it is the car rental company that makes any payment. Therefore, many companies exempt the user from paying a deposit.
In any case, although it is a common practice, not all companies have a car rental service without a deposit, so before making your reservation, we recommend that you check which car rental companies without a warranty are available to you. Offer this possibility.
The reason for eliminating the deposit in this type of rental is that the type of comprehensive insurance without excess already covers the user for all the costs in the event of any damage. Therefore, they can be exempted from paying a deposit in advance.
How much is the deposit when we rent a car
The amount that we must leave as a deposit depends on several factors. The main one is the rental time and the type of vehicle that we have requested. In addition, each company establishes a series of conditions and different prices.
In any case, the average amounts to double or triple the rental cost. In addition, this price usually increases because other expenses are also included in the deposit. The minimum amount requested by a car rental company is around €150, although, as we say, it depends on both the model and the length of time the rental will last.
Therefore, the main advantage of car rental without a deposit is that we do not have to do without this money since the warranty is canceled.
Why do most companies require you to post a bond?
In general, many car rental companies establish a mandatory deposit in all cases. For security reasons, this amount is blocked by the rental company. The objective not only has to do with the damage that may occur. In addition, when returning the deposit, all the conditions stipulated in the rental contract are taken into account. Rental, if the vehicle is in the agreed conditions, the deposit is returned.
It is also essential to know that the deposit amount is released immediately if the car is returned according to the conditions agreed in the contract.
Is a deposit required if I have comprehensive insurance for rental cars?
In general, yes, a deposit is deposited in it is all-risk insurance with excess or basic third-party insurance. However, if it is all-risk insurance without a lot, most car rental companies exempt the client from depositing a deposit.
With all-risk insurance without excess, in the event of an accident or sanction, the insurance company is responsible for the payment and, therefore, in no case is the user who pays the expenses of the incident.
Tips about car rental without deposit
From Car Rental Insurance, we recommend that you inform yourself about the conditions established in the contract for returning the deposit. Not only should you know the amount that will be blocked in your account, but each company sets different cases when it comes to producing the promise, so you must know the conditions established in the contract.
There is no standardized method that establishes fixed conditions. That is why each company has its clauses when requesting and returning the deposit. You must know what they are.
Rental car insurance
If you have already located a car rental service without a deposit, now we offer you the best solution so that you are fully insured in all cases.
Renting a car without a deposit can be a good idea, but you can be fully insured with our insurance on all your trips. As you know, car rental companies are obliged to offer a basic insurance policy to all their clients. However, this insurance has very little coverage.
The rental companies offer supplements to the introductory clauses. However, these policies make the final rental price quite expensive. We offer you the best solution, tailored insurance that covers you anywhere in the world and is also much cheaper than any of the policies offered by car rental companies.
Many car rental companies exempt their clients from the payment of bonds and deposits because our insurance covers all kinds of situations and damages.
